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    July 31, 2024

    Ryerson swings to profit after Q1 loss

    Written by Ethan Bernard

    Ryerson Holding Corp.

    Second quarter ended June 3020242023Change
    Net sales$1,225.5$1,343.5-8.8%
    Net earnings (loss)$9.9$37.6-73.7%
    Per diluted share$0.29$1.06-72.6%
    Six months ended June 30
    Net sales$2,464.7$2,749.6-10.4%
    Net earnings (loss)$2.3$84.9-97.3%
    Per diluted share$0.07$2.33-97.0%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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